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iRobot (NAS:IRBT) ROE %

: -89.67% (As of Jun. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. iRobot's annualized net income for the quarter that ended in Jun. 2023 was $-323 Mil. iRobot's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $360 Mil. Therefore, iRobot's annualized ROE % for the quarter that ended in Jun. 2023 was -89.67%.

The historical rank and industry rank for iRobot's ROE % or its related term are showing as below:

IRBT' s ROE % Range Over the Past 10 Years
Min: -76.87   Med: 10.71   Max: 20.19
Current: -76.87

During the past 13 years, iRobot's highest ROE % was 20.19%. The lowest was -76.87%. And the median was 10.71%.

IRBT's ROE % is ranked worse than
97.82% of 413 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.28 vs IRBT: -76.87

iRobot ROE % Historical Data

The historical data trend for iRobot's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iRobot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.50 14.37 20.19 4.00 -48.02

iRobot Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.32 -82.91 -64.85 -74.49 -89.67

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, iRobot's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

iRobot ROE % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, iRobot's ROE % distribution charts can be found below:

* The bar in red indicates where iRobot's ROE % falls in comparison to its industry or sector. The grey bar indicates the ROE %'s extreme value range as defined by GuruFocus.



iRobot ROE % Calculation

iRobot's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-286.295/( (716.723+475.716)/ 2 )
=-286.295/596.2195
=-48.02 %

iRobot's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=-323.2/( (395.439+325.419)/ 2 )
=-323.2/360.429
=-89.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. ROE % is displayed in the 30-year financial page.


iRobot  (NAS:IRBT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-323.2/360.429
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-323.2 / 946.272)*(946.272 / 649.383)*(649.383 / 360.429)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.16 %*1.4572*1.8017
=ROA %*Equity Multiplier
=-49.78 %*1.8017
=-89.67 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-323.2/360.429
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-323.2 / -300.332) * (-300.332 / -284.224) * (-284.224 / 946.272) * (946.272 / 649.383) * (649.383 / 360.429)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0761 * 1.0567 * -30.04 % * 1.4572 * 1.8017
=-89.67 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


iRobot ROE % Related Terms

Thank you for viewing the detailed overview of iRobot's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


iRobot (NAS:IRBT) Business Description

iRobot logo
Traded in Other Exchanges
Address
8 Crosby Drive, Bedford, MA, USA, 01730
iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.
Executives
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Jean Jacques Blanc officer: Chief Commercial Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Faris Habbaba officer: Chief R&D Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Julie Zeiler officer: EVP, Chief Financial Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Karian Wong officer: VP, Finance C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Timothy Saeger officer: EVP Engineering C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
David Keith Hartsfield officer: Chief Product Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Ruey Bin Kao director CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Michael Bell director C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Mohamad Ali director 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Michelle Stacy director 33 COFFEE LANE, WATERBURY VT 05676
Christian Cerda officer: SVP & GM, Home Robots IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01930